Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Uruguay - 2022

Contents:

  1. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Uruguay (CIF) - 2022
  2. Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Uruguay

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Uruguay (CIF) - 2022

The average import price for seed; vegetable seed, of a kind used for sowings stood at $133,420 per ton in 2022, which is down by -2.9% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seed; vegetable seed, of a kind used for sowings increased by +99.2% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $137,363 per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($702,882 per ton), while the price for Denmark ($24,402 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Uruguay

In 2022, supplies from abroad of seed; vegetable seed, of a kind used for sowings decreased by -15.1% to 26 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 1.9%. As a result, imports reached the peak of 35 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seed; vegetable seed, of a kind used for sowings contracted significantly to $3.5M in 2022. In general, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2020 when imports increased by 12%. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23827126551028.9%
China22831215736817.3%
Chile69.622920435672.3%
Brazil14416816428125.0%
France12910514323321.8%
Argentina79.814511015925.8%
Denmark24.857.829.714479.7%
Italy24.337.544.812673.1%
Australia77.393.676.475.6-0.7%
New Zealand3.012.183.051.6158.1%
South Africa5.87.89.025.864.5%
Japan66.312019.020.4-32.5%
Others2,8612,8532,9761,179-25.6%
Total3,9514,4134,2813,529-3.7%

Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Uruguay in 2022:

  1. Denmark (5.9 tons)
  2. Italy (4.9 tons)
  3. Argentina (4.0 tons)
  4. United States (3.5 tons)
  5. France (2.2 tons)
  6. Brazil (1.5 tons)
  7. New Zealand (1.5 tons)
  8. China (0.8 tons)
  9. Chile (0.5 tons)
  10. South Africa (0.3 tons)
  11. Australia (0.2 tons)
  12. Japan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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